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U.S. media projects Biden win: What it means for Southwestern Ontario – CTV News London

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LONDON, ONT. —
The world waited, and waited, but at last media outlets in the United States are projecting that Joe Biden will be the 46th President of the United States, but what does that mean for Southwestern Ontario?

“It really doesn’t matter that much in terms of policy,” says Dan Bousfield, assistant professor of political science at Western University. “What you’re going to have is just the perception of better relations.”

It may be hard to measure how important that perception will be going forward, but Bousfield says for many it is important, especially in terms of investment.

The election was a nail biter and while Biden is the projected winner it is not yet clear if and how the results may be challenged by Trump and Republican Party.

Early on in the campaign Biden was seen as an underdog within the democratic party, but quickly rose to overtake frontrunners such as Bernie Sanders.

After securing, the nomination Biden’s team took the perhaps risky approach to let Donald Trump have the spotlight.

The election was fought amidst a backdrop of political unrest around police violence and systemic racism, along with the ongoing COVID-19 pandemic.

The Biden approach seemed to work enough and now the former Vice President has the most powerful position in the western world.

The election grabbed the attention of the world, including here in Southwestern Ontario, but if what Bousfield says is correct, that in terms of policy not much will immediately affect us, why is it we care?

“So much of Canadian identity is built on anti-Americanism then on top of that this idea that we can focus down there to make us look better,” said Bousfield.

However, economics professor Stephen Williamson of Western University would argue there are several good reasons for people in Southwestern Ontario to be paying attention to U.S. policies and politics.

“You expect a more reasonable approach to abiding by trade agreements,” said Williamson, and for a region so heavily tied to the U.S. by trade he argues that can only be a good thing.

“We got more stability, better international relations … that’s good for us.”

He said there are also indirect economic benefits surrounding energy policy, noting that Biden is less friendly to fossil fuels which could be good news for Alberta which in turn may trickle down throughout the country.

Another way in which a Biden presidency may affect the region is in border states such as Michigan.

Williamson says that a Biden administration is more likely to provide fiscal support to states in general.

“That would be good for Canada, it increases economic activity, like in border states such as Michigan and Ohio. That would be good for this region.”

And while Williamson sees economic benefit he does note everything comes with a give and take.

He expects immigration restrictions to be eased which would allow more students to study and stay in the U.S. where those restrictions were encouraging students and talent to come to Canada instead.

That could have an effect on university communities such as London, Windsor, and Waterloo.

However, the general feeling seems to be that the next four years will likely bring more stability not only to U.S. but to our region as well.

“We do tend to mirror the kind of political movements and social movements of the states because we consume the same media and we’re so active in thinking about their political outcome, so it’s inevitable those cross over the border.”

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Media orgs seek help with social-media giants – Toronto.com

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Media orgs seek help with social-media giants  Toronto.com



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Social Media Buzz: Zappos' Tony Hsieh Dies, Hulu, McKinsey – BNN

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(Bloomberg) — What’s buzzing on social media this morning:

Tony Hsieh, the retired CEO of online shoe retailer Zappos.com, has died at age 46. His lawyer said he was injured in a house fire while visiting Connecticut. Twitter users paid tribute to the Harvard graduate, who spent years working to revitalize Las Vegas’ downtown area.

Zappos was sold to Amazon for $1.2 billion in 2009.

Stay-at-home shoppers drove U.S. Black Friday online sales to a record high. The most mentioned products on social media include Hulu’s subscription offer, the Apple iPhone 12, and Sony’s PlayStation 5.

“Shop Small Saturday” is also trending. Smaller retailers saw early success with sales 545% higher on Black Friday, compared to an average day last month, according to Adobe.

A New York Times investigation found that McKinsey advised Purdue Pharma to pay distributors a rebate for every OxyContin overdose, in an effort to shore up sales.

A spokesperson for McKinsey told the newspaper that the firm had been “cooperating fully with the opioid-related investigations” and had announced in 2019 it would not advise any clients on opioid-specific business.

Protesters in major cities across France hit the street to rally against a new security law that would ban the publication of images of police officers with intent to cause them harm.

©2020 Bloomberg L.P.

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News Media Lobby Group Asks MPs for Rules to Get Compensation from Google, Facebook – ChrisD.ca

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By The Canadian Press

GoogleGoogle This Tuesday, July 19, 2016, file photo shows the Google logo at the company’s headquarters in Mountain View, Calif. (THE CANADIAN PRESS/AP-Marcio Jose Sanchez)

OTTAWA — A lobby group for Canada’s newspapers and magazines is asking MPs to enact new rules to help its members negotiate compensation from social-media giants that post content the traditional media produce.

News Media Canada wants the government to let the industry negotiate collectively with the likes of Google and Facebook.

There are similar rules in other countries, such as Australia and France, where Google announced last week it had signed compensation agreements with several daily newspapers and magazines, including Le Monde.

News Media Canada’s CEO, John Hinds, said Canadian rules similar to those would negate the need for any new taxes or spending programs.

“It allows the industry and the digital monopolies to negotiate fair terms for compensation,” Hinds told MPs on the House of Commons heritage committee Friday.

“It doesn’t raise taxes, it doesn’t deal with government sort of intervening in the marketplace, but it allows a fair market interaction between the platforms and newspapers.”

The committee is studying the challenges the pandemic has created for media and culture groups.

Several members of the committee lamented the reduction in local news coverage as their newspapers cut back on coverage and editions to keep the lights on.

Hinds said some smaller newspapers closed permanently due to the pandemic, while larger publications saw newsroom layoffs.

The federal wage subsidy, he said, has been helpful in avoiding worse.

Advertising revenue plunged by 75 per cent at the start of the pandemic in many markets, he said, and the industry is still struggling with advertising declines in the range of 30 per cent.

The federal government announced a $30-million communications budget at the start of the pandemic, but Hinds said there was limited placement of the resulting ads in Canadian news media.

“The government can deliver on its mandate to communicate with Canadians by implementing a strategy of placing ads where Canadians are looking for trusted content and advertising,” he said.

Without federal help, he added, the future is grim for many of his member organizations.

CP - The Canadian Press

CP - The Canadian Press

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